TuSimple's autonomous semi-truck completed an 80-mile route in Arizona. The fully autonomous journey earlier this month by the class 8 semi-truck was the first successful test of a truck that size where no human was present in the vehicle during the run. More: - TuSimple's truck completed the journey from Tucson to Phoenix, under supervision from the Arizona Department of Transportation and law enforcement, at night.
- A scout vehicle was deployed five miles ahead of the autonomous vehicle, while another vehicle followed a half-mile behind.
- Several unmarked police vehicles and the trailing vehicle were ready to intervene should a dangerous situation arise.
- The autonomous truck successfully completed the course, following traffic rules and successfully navigating highway lane changes, on- and off-ramps, and traffic signals.
- TuSimple's 70 autonomous trucks deployed globally have ramped up 2 million road test miles.
- The San Diego-based trucking startup is confident of saving 10% in fuel costs and up to 40% in driver-associated costs.
Zoom out: - Earlier this month, DHL placed orders for 100 self-driving vehicles with TuSimple.
- Gatik deployed two autonomous vehicles, without human drivers present at the wheel, between two Walmart facilities in Arkansas in August this year. Gatik's vehicles have a human in the passenger seat who can press a stop button.
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 Luz insight platform Utah-based Luz, an e-commerce competitor insights platform, secured $5M in seed funding led by Album and Peterson Ventures. The funding also saw participation from 18 angel investors. More: - Luz analyzes data from small and medium-sized manufacturers and online retailers, currently evaluating 280,000 websites per hour.
- Through its Competitive Insights Platforms, Luz can generate daily insight for over 500 million of its clients' stock-keeping units.
- The platform can provide insights about product mix, color, pricing, and other variables, with 95% accuracy, after leveraging and cross-referencing customer data available on public platforms.
- Manufacturers and online retailers form 70% of Lux's client base.
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 DiRx prescription bottles DiRx raised $10M in Series A funding, following $5M in seed funding last year. DiRx is an online platform that provides FDA-approved generic medicines, resulting in significant cost savings to customers compared with name-brand medicines. The Series A round was funded by private healthcare specialized investors. More: - DiRx offers over 1,000 generic medicines at low prices through its direct-to-consumer platform.
- The pharmacy startup offers medicines starting at $3 per month with an industry-first 12-month price guarantee, absorbing price fluctuations themselves instead of raising medicinal prices for customers.
- DiRx had customers in 40 states just weeks after launch and will utilize the incoming funds to further expand its market reach.
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BestRx, a pharmacy management software provider, is integrating with STAT Overnight Delivery to facilitate quicker and economical delivery options for independent pharmacies. BestRx will be able to provide STAT’s full spectrum of delivery solutions available at flat-rate pricing to its clients. More: - BestRx, founded in 1985, provides intuitive and easy-to-use management solutions to pharmacies.
- The pharmacy solution provider aims to synergize and take advantage of the delivery specialist’s 24-hour service and HIPAA-certified drivers to deliver medicines to customers on priority and in a less-than-an-hour delivery window.
- The synergy of services will enable real-time GPS-based delivery tracking, automated signature capture, and SMS tracking to bring ease of delivery to its customers.
- STAT Overnight Delivery is a medical courier company founded in 2012, with options for low-cost, flexible, fast, and overnight solutions.
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Commercial real estate rent is rising in Central London as ultra-fast last-mile grocery delivery services continue to establish small warehouses in the city. Rent in West London has increased 75% compared with the same time a year ago. More: - The small warehouses are critical to rapid grocery delivery services Getir, Gorillas, and Zapp, which established services in Central London.
- The average rent for small industrial properties in East London is on the rise as well, showing a 47% YoY increasing trend.
- Demand has surged for properties with less than 200,000 square feet of area, while it has decreased for larger properties with 500,000 square feet or more.
- Amazon also increased its sub-200,000-square-foot properties by 64%, as e-commerce companies chase hyperlocalization opportunities.
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Zetwerk, an Indian B2B marketplace for industrial machine components and products, received $210M in new funding led by Green Oaks Capital. The funding saw participation from D1 Capital, IIFL, ICONIQ, and Steadview Capital. More: - Zetwerk offers a full spectrum of manufacturing capabilities while connecting businesses to suppliers and an end-to-end manufacturing solution that can be managed from its proprietary Manufacturing OS.
- The latest funding has raised the company’s valuation to over $1B.
- Previous funding raised by Zetwerk:
- $150M in August 2021, led by D1 Capital Partners.
- $30M in June 2021.
- $21M in early 2021.
- Funds from previous funding were utilized for scaling operations, and the current funding will enable Zetwerk to expand its global reach and boost its technology.
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- China's National Copyright Administration regulatory body confirmed it will improve copyright protection in sports events, livestreaming, and e-commerce platforms under its 14th Five-Year Plan for Copyright Work.
- Amazon will open a last-mile delivery warehouse in Lowell, Ark., near Walmart's headquarters.
- Customers will be able to order ingredients for 10,000 one-click shoppable recipes from LG's ThinQ Recipe app, which will be directly delivered via Walmart or Amazon Fresh, starting early 2022.
- CEO Rachmat Kaimuddin of Indonesia's first listed e-commerce company, Bukalapak, has stepped down from his role.
- Poland-based ONe Company, which develops a B2B e-commerce cloud platform, secured $2M funding for national and international expansion.
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 |  | Karan Chafekar is a Management Consultant, Business enthusiast, Formula 1 lover, and a Licensed Pilot. He is also a part-time automobile and aviation fanatic, and a full-time introvert. | | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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